Innovation Driven by Change

With so many change drivers going on at once in our industry, one could be forgiven for having some despair – it is hard to take it all onboard and change is also stressful. From energy transition, ESG, net zero, new markets new instruments, increased speed of business, new technologies, new regulations and so on, change is everywhere. Yet, change also drives human ingenuity and innovation. So, in a period of such change, one ought to expect innovation everywhere too and that is exactly what we at ComTech are seeing. Innovation often occurs in discrete areas of the business where complexity is high. Usually, it is quite focused vertically or horizontally (i.e. deep into a complex process or as a new optimized process with broad applicability). Innovation starts at a center and then takes root spreading across a business function or organization as it is understood to have value. So, where we see innovation is usually in discrete areas of complexity within a business. An example of this came to light this last week as I was given an update by AlphaOcean (formerly Advanced Freight Trading). It has assembled a group of experts and is developing an innovative solution targeting… continue reading

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